Credit Approval Policies Are Implemented by Organizations Primarily to Accomplish

question 77

Multiple Choice

Credit approval policies are implemented by organizations primarily to accomplish which of the following objectives?

• A) To determine revenue recognition policies.
• B) To ensure customer satisfaction.
• C) To prevent lapping by the accounts receivable department.
• D) To ensure the realization of receivables.

---

Definitions:

Product Objections

Refers to concerns or issues raised by a potential buyer about a product or service being sold.

Product Objection

Product objection refers to reasons or arguments presented by a customer against buying a product or service.

Exercise Equipment

Devices or apparatuses designed for physical activities to enhance body fitness and health.

Veterinarian Supplies

Items and materials, including medical equipment and medication, used by veterinarians to care for animals.